M
missstardoll
Guest
Hi all
Hopefully I have posted this correctly. I am a paye worker as was my husband for the last 20 years. He started a small shop with his brother last year. The shop is trading everything up to date but not making any money other than paying the 2 staff who work there. Since then my husband has lost his job and is now on jobseekers benefit. My query is this if he were to go onto the business how should it be done? Should they wind up the company and then he become a sole trader? Having researched on aam it would appear thats how things always should have been set up but the accountant they are using discouraged it in the beginning. He hates being at home although we have 3 children he just wants to work. However it does not seem like he is going to get anything in the near future. I think he is getting a bit depressed not working and would really appreciate any advice on what we ought do.
Hopefully I have posted this correctly. I am a paye worker as was my husband for the last 20 years. He started a small shop with his brother last year. The shop is trading everything up to date but not making any money other than paying the 2 staff who work there. Since then my husband has lost his job and is now on jobseekers benefit. My query is this if he were to go onto the business how should it be done? Should they wind up the company and then he become a sole trader? Having researched on aam it would appear thats how things always should have been set up but the accountant they are using discouraged it in the beginning. He hates being at home although we have 3 children he just wants to work. However it does not seem like he is going to get anything in the near future. I think he is getting a bit depressed not working and would really appreciate any advice on what we ought do.
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